I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Your Needs
Audit and Data AnalyticsAudit and Data AnalyticsAudit and Data Analytics

I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Feb 25

Governments and PPP Risk

What does a government body seek in relation to Risk in a PPP?  Surprisingly it is not about passing all the risk off to the private sector.  It is more about value for money. Before request for tender for a PPP comes to market, the relevant agency in the sponsor... read more →
Feb 10

The Real Investment Risks of PPPs

Complexity and Documentation: that is where the risk is hidden. My first private infrastructure experience – Interlink Roads and the M5 Motorway back in 1990 – was bid on a Lotus 123 model with less than 250 lines all on the only available spreadsheet page. I have just reviewed a... read more →
Jan 27

Introduction to PPPs

This and the next few blog posts in this series will aim to provide some background and colour to Public Private Partnerships (PPPs). This post will describe what a PPP is, while later posts will cover why governments enter into PPPs, what the standard risk allocations are under PPPs, the... read more →
Nov 27

Unmitigated PPP Risks

A particularly critical time for risk creep between the parties in a Public Private Partnership project comes at the change over from construction to operation, when everyone seems to think the project is de-risked and the job is done. While it is uncommon for a project to fall apart irretrievably... read more →
Feb 11

What is Risk?

If you speak to any Banker, Safety Manager or Actuary you will find that they have a very clear understanding of risk. The problem is that the understanding in each case is different. A banker develops an understanding of risk within the discipline of lending money to projects or individuals,... read more →
Feb 11

The Context of Risk

The Australian and New Zealand Standard on Risk Management starts the risk analysis process with an instruction to establish the context.  Most of us start at listing the risks and the mitigants.  The standard is right. Initially it seems the risks in an infrastructure PPP seem clear, particularly if the... read more →
Feb 11

Risk and the SPV Board

A group of blind men examining an elephant will each only understand part of the elephant because their differing perspectives only bring information on the trunk or the foot. In the same way, the concept of risk in business can be handled poorly at board level because each Director often... read more →